Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on October 29, 2018, 01:30:20 AM
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The common mistake made by most crypto investors stems from impatience. Due to impatience, a lot of crypto investors have sold their valuable coins for amounts worth a candy or burger. Most investors fail to learn and do not know the capabilities and potentials of the coin they hold. This ends up in selling the coins at cheaper prices.
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yeah, i am one example that made this mistake.
but not because i didn't want to study, because at that time i was still a beginner. so don't really know about the crypto world.
with the experience that i have, i have become more vigilant and always want to increase my education about crypto so i don't repeat the same mistake again.
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I think everyone can learn from mistakes, I hold a coin for a long time but now the coin gets cheaper. I don't regret it but I can see which coins can grow by looking at their whitepaper and performance team from the project.
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indeed, to be an investor, it requires high patience if you see the price of the token that they invest has decreased or too fast to move the price of the token that was obtained from their investment in an ICO project.
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Earlier, when I invested, I also sold coins at a low price and always later regretted it, because I lost a lot of money. I can't wait, so I stopped investing. And I also immediately sell the earned altcoins in bounty campaigns.
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This does not always happen because of not patience, there are cases when people go in the wake of panic and merge all their coins fearing to lose everything, thereby losing everything! Therefore, I keep all my coins in the long term!
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I have no regrets, but I can see which coins can grow by looking at the whitepaper and their performance team from the project. I think everyone can learn from mistakes, I hold coins for a long time but now coins are cheaper.
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with the experience I have, I became more vigilant and always wanted to improve my education about crypto so I didn't repeat the same mistakes again. because at that time I was a beginner. so I don't really know about the crypto world.
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This usually happens in the early stages, when investors have little experience, or sometimes mistakes also occur in the display of a buy or sell order at an erroneous price, so you should always be very careful in this matter.
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It is not investors alone rather it is more appropriate to bounty hunters. Most of the times bounty hunters are the reason of dumping the token due to impatient and doesn't have proper learning.
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I am Guilty of committing that mistake.but that was me when I'm starting in crypto ,was excited to sell those coin but didn't have an idea that its value will 10x higher when i sold it.but from that mistakes it teaches us a lesson and it makes us more eager to learn./size]
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Researching the whitepaper of the ico project is important, most investors who are lazy to read will fail because they have made the mistake of not reading the whitepaper correctly, learning cannot make people avoid mistakes, they also need experience to better understand how to invest well in crypto
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in the cryptocurrency world, besides being careful we also have to be more patient. if we panic in the face of a situation, then it will be risky and give a loss. learning from the experience is important because by learning it, it will make us better in the future.
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Mistakes in investing or trading are common. Because not all the analysis we make can be true forever. There are other factors that can drive cryptocurrency prices aside from the technical side. Fundamentals in the form of negative news or FUD often occur in the cryptocurrency. In addition, there is also the practice of pump and dump which makes all the analysis we do wrong.
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Wow at my first experience into cryptocurrency industry I made a lot of mistakes of not going into process of learning of course I losed out on many other projects for not getting into learning at initial time.
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I once made a mistake in trading that caused losses. But that can make learning to me more careful before making a transaction. Because with these errors can be a correction of errors in conducting analysis.
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I did this mistake once. I can advise anybody to start learning TA to understand the major tops and dibs. I am not a daytrader but it is easily can be determined that the tops of the coins so that you can sell them at the right time.
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I made this mistake at the initial stage of my coming into crypto, but when I discovered that it is costing me time and money. I then decided to learn about the cryptocurrency.
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I think the common mistake is panic. Many people get big losses because of panic and take a decision without thinking deeply. But so far I never did the mistake because of impatience or panic. I am aware of the negative impacts.
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The common mistake made by most crypto investors stems from impatience. Due to impatience, a lot of crypto investors have sold their valuable coins for amounts worth a candy or burger. Most investors fail to learn and do not know the capabilities and potentials of the coin they hold. This ends up in selling the coins at cheaper prices.
Of course, I have done it. I have made mistakes of not leadnung and have loss alot. But, For now I invest carefully and learning about that.
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The common mistake made by most crypto investors stems from impatience. Due to impatience, a lot of crypto investors have sold their valuable coins for amounts worth a candy or burger. Most investors fail to learn and do not know the capabilities and potentials of the coin they hold. This ends up in selling the coins at cheaper prices.
Yes i been through those mistakes that resulted into losses. But luckily i was able ro recover it on 2017 Bullish Sentiments on crypto-market when most of the coins/tokens reach their ATHs.
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The common mistake made by most crypto investors stems from impatience. Due to impatience, a lot of crypto investors have sold their valuable coins for amounts worth a candy or burger. Most investors fail to learn and do not know the capabilities and potentials of the coin they hold. This ends up in selling the coins at cheaper prices.
Nobody told them they have to hold it for years and just got discourage after checking a few months after that what they have invested turned into a penny. I have experienced this since I also hold tokens once I get them but after a few months, they become cheaper. The lesson investors need to learn is not to buy during ICOs if they are just planning to sell soon. Its for long-term like 5-10 years. You just sit and wait.
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I am not like that. bounty hunters or investors, there are still those like that. they are only investments but don't want to hear the information provided by crypto media. they should learn more before entering the world of crypto.
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Yes and I have difficulties when I want to find the best time when selling coins that I have, learning to trade and having good analytical skills is important and can make me avoid big losses
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It's already human nature if you will experience a loss so they will panic, and panic will make a fatal decision, and will make a loss for traders, and that is indeed a very valuable experience if a trader experiences this.
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Panic is an action that will make traders throw away their digital assets for fear that their assets will decrease in value, in fact this action does not need to be done, because the action will only harm itself.
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The common mistake made by most crypto investors stems from impatience. Due to impatience, a lot of crypto investors have sold their valuable coins for amounts worth a candy or burger. Most investors fail to learn and do not know the capabilities and potentials of the coin they hold. This ends up in selling the coins at cheaper prices.
Yes I think It is normal, Many people make mistake of not learning. Because We shoud use smart strategy when invest in crypto currency
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Mistakes are very natural and humane things, so they have all been experienced by all traders and investors. But from these mistakes can make us more disciplined and know about the correct trading procedures. So we must always learn to be trained and expert, so we can minimize losses when trading. If we can never learn, the more losses we will get. Because people who are experienced can still experience losses in investment. So always learn so that we can get continuous benefits when investing.
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It is necessary to study always,and without any training all your profit is especially good luck, and coincidence of circumstances.
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I think the common mistake is panic. Many people get big losses because of panic and take a decision without thinking deeply. But so far I never did the mistake because of impatience or panic. I am aware of the negative impacts.
There is another common mistake call greed. You have profits, but you want more and more. You should sell to get the profits, and you don't. The the bears take over, and you profits are gone. You need discipline, to be a good trader.
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There are always outbursts of variance, and if a person is not trained, then all his activities will be centered around luck and variance.
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Well, I believe I've learned a lot in this bear market. At least I know where to sell now. I'd advise anybody to learn at least the basics of crypto market since it will hurt more in the future.
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If a person is new to any field, he always makes mistakes. We learn from our mistakes. When we become more experienced and wiser then we make less mistakes.
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I always study before I invest in an ICO or other projects. all investors must consider first if they want to invest. at least investors read the whitepaper and also understand the roadmap.
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Of course I do. There will be never learning process without making mistakes. That is why we can learn from the mistakes itself. Moreover in crypto world, mistakes will be very normal. But never make similar mistakes for more than one.
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It is normal to make mistakes, I also ever made it. I don't blame people who do mistakes because no one is perfect. I ever made mistakes in buying coins and after buying it the prices were getting down and never going up till now.
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Of course. Everybody will make mistakes wen learning. I think that learning is kind of process that we can gain more knowledge and impacts in the future. And I also think heavily that mistakes is one of the learning process to be in.
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Of course, we all make such mistakes. The main thing is to be able to determine them and stop them in the future.
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If a person does not teach, then even when making a profit, on the wrong action, he loses money. That's how expectation works.
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Yes, I think not only me, most of all people have already made a mistake on their crypto jobs. A mistake is not always bad, it sometimes leads us to new learning to make us better in the future.
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I always study before I invest in an ICO or other projects. all investors must consider first if they want to invest. at least investors read the whitepaper and also understand the roadmap.
It is correct way. Everything should be learned firstly before we decide to invest. Investing in any way is dangerous for our capitals. It is more risky than taking a research. At least we have already done a way to minimize the risks to make mistakes.
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The common mistake made by most crypto investors stems from impatience. Due to impatience, a lot of crypto investors have sold their valuable coins for amounts worth a candy or burger. Most investors fail to learn and do not know the capabilities and potentials of the coin they hold. This ends up in selling the coins at cheaper prices.
Of course, I think It is normal.. We ever do mistake of not learning, I have done that. But For now We must be carreful, If You didnt loss.
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normal if someone just knows about Crypto has an error, now if I repeatedly make a mistake I think the person is ashamed to ask and does not want to know what is the biggest mistake and maybe the person wants to drop the coin.
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I think most of the traders are impatient that's why they book loss in panic selling and in crypto market we need extreme level of patience. I believe before buying any coin we should know about the dev whether he is active or not for his project that plays a major role in increase the value of any coin. We have seen many coins are worth just pennies even they have a good name and this is all due to the lethargic dev. I won't blame the bearish market only so always do some research before buying any coin to avoid the same mistakes again and again. One should always learn from his/her mistakes to get succeed.
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That's right, a very large number of investors are selling their coins for pennies, although you just need to wait for growth!
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That's right, a very large number of investors are selling their coins for pennies, although you just need to wait for growth!
This is because. They are impatient. When you want to invest, you have to follow then number 1 rule. INVEST, WHAT YOU CAN AFFORD TO LOSE. If you follow this rule, you'll have the patience and remain calm, whatever happens. That's why this is the number 1 rule. Because, you are not carried away, with panic. With greed, you just lose profits.
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Of course, I think It is normal.. We ever do mistake of not learning, I have done that. But For now We must be carreful, If You didnt loss.
Yes, everyone should ever do mistakes on their life. Not only you, I also ever did it and other people must ever do as well. There is always good time to begin learning. We can start to learn as much as possible about crypto from now.
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I think everyone can learn from mistakes, I hold a coin for a long time but now the coin gets cheaper. I don't regret it but I can see which coins can grow by looking at their whitepaper and performance team from the project.
Not all will learn still greedy and week hands will never learn
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Day by day learning and experience makes the man perfect.We always learn from their mistakes. I am just a new comer and try to learn each and everything about this world. Daily I learn new things about this world.
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In general, we all make and will make various mistakes when using cryptocurrency. Without this, just no one can do. Cryptocurrency is too new and revolutionary phenomenon of the battle of all of us and it is constantly evolving. In addition, the cryptocurrency market is almost unpredictable. Therefore, we are forced to learn on the go, because the market is not waiting for anyone. We have a choice - either to participate in it or not.
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we all learn from mistakes. you can learn if you don't make mistakes. you can not be perfect without mistakes. the regrets involves is not willing to learn. you will definitely loose everything.
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There are no so many sources to learn from